Re: Anyone Sold a Design Firm Before?
A broker is probably your safest bet.
The main thing to understand is that as a traditional design firm, you probably dont have much in the way of business assets (I assume).
Your real value to a buyer is your brand and your clients.
Yes your people are valuable also, but that generally is not taken into account because of too many unknown variables. Staff may leave, they may not work as well for the new boss, the new company may have thier own, they may work more hours, etc...
Just remember where the value is for a buyer.
Its your baby and you may see things differently. Its been your blood, sweat and tears making it happen. But that doesnt matter at this point.
An entity looking to purchase a service business is looking for name recognition, branding, and clients.
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